Avison Young Secures Highest Price PSF YTD For Land/Building In Miami’s Wynwood
The sale consists of three folios totaling 13,000 square feet of land, with the southernmost folio hosting a 3,111-square-foot single-story building.
The sale consists of three folios totaling 13,000 square feet of land, with the southernmost folio hosting a 3,111-square-foot single-story building.
Here are the most popular news headlines this past week on CRE-sources.
The assemblage occupies an entire city block in Fort Lauderdale’s hip Flagler Village neighborhood, located just two blocks north of Las Olas Boulevard in Downtown Fort Lauderdale.
The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery.
The sale price equates to nearly ±$1.2 million per acre.
The Miami office will accommodate 350 employees and is slated to open in the third quarter of 2022.
Colliers’ Executive Managing Director Jonathan Kingsley and Managing Director Jarred Goodstein represented Sunbeam Development, the landlord, in the transaction. CBRE’s Gordon Messinger represented Amerant Bank, the tenant.
The company has been growing exponentially since its launch in 2017.
The tenant is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe.
Here are the most popular news headlines this past week on CRE-sources.
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